Resolute Mining Limited · ASX:RSG
Resolute Mining — Macquarie Australia Conference 2020
14 slides from Resolute Mining's conference presentation, May 6, 2020
Slide 1: Mine Gold. Create Value.
For personal use only Mine Gold. Create Value. Macquarie Australia Conference Corporate Presentation | 6 May 2020
Slide 2: Important Notices and Disclaimers
Important Notices and Disclaimers For personal use only This presentation contains information about Resolute Mining Limited (Resolute or the Company) and its activities that is current as at the date of this presentation unless otherwise stated. The information in this presentation remains subject
Slide 3: Company overview: assets, guidance, resources and market capitalisation
For personal use only Mako Senegal Syama Mali Bibiani Ghana Strategic Review Ongoing 2020 Guidance Mineral Resources Ore Reserves Market Capitalisation 430koz at US$980/oz 13.3Moz 4.7Moz A$1.0Bn £521m | US$641m AISC Note: Market capitalisation as at 5 May 2020. Mineral Resources and Ore Reserves are
Slide 4: 2020 Update
2020 Update For personal use only • 2020 guidance of 430,000oz at an AISC of US$980/oz Production • March Quarter gold poured of 110,763oz at an AISC of US$1,007/oz with 99,717oz at an AISC of US$918/oz from Syama and Mako COVID-19 • Comprehensive companywide response implemented; US$1 million to su
Slide 5: ASX Gold Miners
ASX Gold Miners For personal use only Market Capitalisation (A$m) 9,487 8,906 4,820 2,327 1,772 1,168 1,002 Northern Star Evolution Saracen Regis St Barbara Perseus Resolute Production Guidance Withdrawn 725 +500 355 385 Withdrawn 430 (koz) Note: Production guidance is for FY20 which for Evolution,
Slide 6: Price Performance
Price Performance For personal use only Last 12 Months (Rebased to 100) 200 180 160 African Peers 45.1% 140 Gold 32.5% 120 100 80 Resolute (20.5%) 60 40 May-19 Jun-19 Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Note: African peers comprises Centamin, Endeavour Mining
Slide 7: March 2020 Quarter Production of 110,763oz
March 2020 Quarter Production of 110,763oz For personal use only 2020 Production Guidance of 430,000oz Multi-Asset Production Base 110,763oz 103,201oz 105,293oz 98,105oz 13,554 42,186 78,132oz 42,997 44,191 12,375 11,046 13,206 15,351 84,552 65,757 57,531 45,804 46,945 Mar 19 Qtr Jun 19 Qtr Sep 19 Q
Slide 8: March 2020 Quarter AISC of US$1,007/oz
March 2020 Quarter AISC of US$1,007/oz For personal use only 2020 Cost Guidance of US$980/oz AISC by Asset (US$/oz) Group AISC 740 939 1,202 1,419 1,007 (1) 2,157 1,642 1,523 1,537 1,422 1,335 1,087 1,083 790 716 658 694 598 Mar 19 Qtr Jun 19 Qtr Sep 19 Qtr Dec 19 Qtr Mar 20 Qtr Syama Ravenswood Mak
Slide 9: Syama Gold Mine: Mali
Syama Gold Mine: Mali For personal use only March 2020 Quarter: 57,531oz at an AISC of US$1,083/oz 2020 Guidance: 260,000oz at an AISC of US$960/oz March 2020 Quarter Update Sulphide production up 54% on December 2019 Quarter; achieved recoveries of 75%; targeting 85% in H2 2020 Oxide circuit contin
Slide 10: Mako Gold Mine: Senegal
Mako Gold Mine: Senegal For personal use only March 2020 Quarter: 42,186oz at an AISC of US$694/oz FY20 Guidance: 160,000oz at an AISC of US$800/oz March 2020 Quarter Update Consistent and reliable performance generating strong free cash flow Accelerating drilling activities to increase resource bas
Slide 11: Bibiani Gold Mine: Ghana
Bibiani Gold Mine: Ghana For personal use only Strategic review ongoing; targeting completion in H2 2020 2020 Focus Deliver value accretive outcome from strategic review Photo: Processing Plant, Bibiani Gold Mine 10
Slide 12: 2020 Outlook and Focus Areas
2020 Outlook and Focus Areas For personal use only 2020 430,000oz at an AISC of US$980/oz Guidance Strengthening sulphide recoveries, Tabakoroni Syama Underground PFS, oxide resource growth Sustained high margin production; accelerated Mako drilling to grow resource base and mine life Balance Streng
Slide 13: Resolute Portfolio
Resolute Portfolio For personal use only SALE COMPLETED 31 MARCH 2020 Syama Mako Bibiani Ravenswood Syama Complex comprises the Syama Mako is a high quality, low-cost Bibiani is a potential long life, high A$100 million of upfront proceeds Underground Mine, a world class, fully producing asset with
Slide 14: Contact
For personal use only Contact Follow Us John Welborn Managing Director & CEO EMAIL | contact@rml.com.au PHONE | +61 8 9261 6100 WEB | www.rml.com.au
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